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Zhuzhou Smelter Group Co (SHSE:600961) Cyclically Adjusted Price-to-FCF : 116.22 (As of Apr. 30, 2024)


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What is Zhuzhou Smelter Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Zhuzhou Smelter Group Co's current share price is ¥10.46. Zhuzhou Smelter Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.09. Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF for today is 116.22.

The historical rank and industry rank for Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600961' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 66.83   Med: 159.2   Max: 595
Current: 115.07

During the past years, Zhuzhou Smelter Group Co's highest Cyclically Adjusted Price-to-FCF was 595.00. The lowest was 66.83. And the median was 159.20.

SHSE:600961's Cyclically Adjusted Price-to-FCF is ranked worse than
88.35% of 249 companies
in the Metals & Mining industry
Industry Median: 21.25 vs SHSE:600961: 115.07

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Zhuzhou Smelter Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.363. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhuzhou Smelter Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zhuzhou Smelter Group Co Cyclically Adjusted Price-to-FCF Chart

Zhuzhou Smelter Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 346.08 392.42

Zhuzhou Smelter Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.66 67.20 77.17 392.42 129.31

Competitive Comparison of Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF falls into.



Zhuzhou Smelter Group Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Zhuzhou Smelter Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.46/0.09
=116.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhuzhou Smelter Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhuzhou Smelter Group Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.363/114.6694*114.6694
=0.363

Current CPI (Mar. 2024) = 114.6694.

Zhuzhou Smelter Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.135 98.200 0.158
201409 0.104 98.900 0.121
201412 0.859 99.000 0.995
201503 -0.288 99.900 -0.331
201506 0.495 99.500 0.570
201509 -0.819 100.500 -0.934
201512 1.061 100.600 1.209
201603 -0.263 102.200 -0.295
201606 0.052 101.400 0.059
201609 0.242 102.400 0.271
201612 0.400 102.600 0.447
201703 -0.081 103.200 -0.090
201706 0.074 103.100 0.082
201709 0.407 104.100 0.448
201712 0.070 104.500 0.077
201803 -0.601 105.300 -0.654
201806 0.093 104.900 0.102
201809 -1.440 106.600 -1.549
201812 -0.335 106.500 -0.361
201903 -0.556 107.700 -0.592
201906 -0.354 107.700 -0.377
201909 -0.808 109.800 -0.844
201912 0.028 111.200 0.029
202003 0.072 112.300 0.074
202006 -0.018 110.400 -0.019
202009 0.074 111.700 0.076
202012 0.064 111.500 0.066
202103 0.027 112.662 0.027
202106 0.005 111.769 0.005
202109 0.333 112.215 0.340
202112 0.086 113.108 0.087
202203 0.221 114.335 0.222
202206 0.623 114.558 0.624
202209 0.200 115.339 0.199
202212 0.001 115.116 0.001
202303 -0.049 115.116 -0.049
202306 0.119 114.558 0.119
202309 0.454 115.339 0.451
202312 -0.207 114.669 -0.207
202403 0.363 114.669 0.363

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Zhuzhou Smelter Group Co  (SHSE:600961) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Zhuzhou Smelter Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhuzhou Smelter Group Co (SHSE:600961) Business Description

Traded in Other Exchanges
N/A
Address
Qingshuitang, Shifeng District, Hunan Province, Zhuzhou, CHN, 412007
Zhuzhou Smelter Group Co Ltd produces and sells lead, zinc, and alloy products in China. Further, the group comprehensively recovers various rare metals such as copper, gold, silver, antimony, cadmium, indium and antimony and sulfuric acid. Geographically it operates through the region of China.

Zhuzhou Smelter Group Co (SHSE:600961) Headlines

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